Gold has been accumulating since past few weeks and it has now reached an exhaustion point where we expect a breakthrough taking out buy side liquidity and creating a record higher high. Since last three days we have been waiting for an outbreak since it did not happen last week even with help nfp. Now looking at how price is behaving we are confident enough that price is going to breakthrough the accumulation phase. As always this is not a guarantee and should only be used for secondary bias, do your own analysis before taking any trade on any instruments. Good luck.
Trade active
Price got activated 10 minutes after we published our chart and went on helping us 610+ pips from single trade in one day. Now we are expecting a straight and clear bullish move helping us gain another 300 pips.
Trade closed: target reached
785+ pips target almost reached successfully. Please close the idea and all the positions. We will be back next week.
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